Business Update - FSCA zones in on banks

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On Business Update, Gugulethu Mfuphi joined Sizwe Dhlomo to discuss Bitcoin retaining its gains and flirting with a new all-time high. They also spoke about National Consumer Council raising concerns over several vehicle recalls in South Africa.

A consortium led by KwaZulu-Natal businesspeople Moses Tembe and Sandile Zungu has emerged as the preferred bidder to win the lucrative eight-year license to operate SA’s national lottery. Business Day understands that trade, industry & competition minister Parks Tau has opened negotiations with the Gold Rush Consortium after a protracted…

Ahead of delivering the third attempt to get Budget 2025 passed, Finance Minister Enoch Godongwana said in parliament that he does not think a wealth tax is a good idea to find the money to make up the budget shortfall, as the wealthy people of the country already pay tax…

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